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widgeon13 widgeon13 is offline
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Join Date: Nov 2005
Location: On the edge
Posts: 16,452
For tax purposes or for the personal value. I had a company car for 30 years, got a new one every 60,000 miles or every two years. Had some pretty nice cars over the years, Volvo 85 Turbo, BMW M3, Audi A6 Avant. I used to figure it was whatever I saved in not having to pay all those expenses out of my pocket. On an annual basis it usually figured out to be about 10K per year. For tax purposes, it was the personal miles driven in the car at a certain mileage rate added to my w-2. Can't beat a company car.
Old 01-18-2012, 05:13 AM
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